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Texas oil lease

Producing

FRANKLIN UNIT

Franklin Unit is an oil lease in McMullen County, Texas, operated by Verdun Oil & Gas LLC in the Eagleville (Eagle Ford-1) field.

1 well

1,171bbl oil, last 12 months−61% vs prior year
Operator
Verdun Oil & Gas LLC
County
McMullen County
Field
Eagleville (Eagle Ford-1)
RRC lease
01-16707

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Where it sits

This county

McMullen CountyMcMullenLa SalleAtascosaKarnesFrioLive OakMcMullen County
McMullen County
Gas, last 12 months
2,240 mcf
Oil in Jul 2026
90 bbl

Production by month

Oil output fell 61% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for FRANKLIN UNIT, Aug 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 1,171 bbl in the 12 months through Jul 2026, against 3,034 bbl in the 12 months before.Last 12 months: 1,171 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for FRANKLIN UNIT, Aug 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 1,171 bbl in the 12 months through Jul 2026, against 3,034 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

88% of the gas went to a transmission line in the last 12 months

Flaring peaked at 47.1% of the gas in Apr 2024.

  • Transmission line (2)
  • Flared (4)
88% of the gas went to a transmission line in the last 12 monthsShare of FRANKLIN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months. Flaring peaked at 47.1% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 47.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
88% of the gas went to a transmission line in the last 12 monthsShare of FRANKLIN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months. Flaring peaked at 47.1% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Flared 47.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    88% · 3,828 mcf

  • Flared (4)

    12% · 518 mcf

11.9% of the gas flared in the last 12 months. 18 months above 3%.

Who has run this lease

The operator changed once, most recently in Nov 2025

Operators of this lease over timeMurphy Expl. & Prod. Co. - USA, Jan 2020 to Oct 2025; Verdun Oil & Gas LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Nov 2025Murphy Expl. & Prod. Co. - USAJan 2020 to Oct 2025Verdun Oil & Gas LLCNov 2025 to now
Operators of this lease over timeMurphy Expl. & Prod. Co. - USA, Jan 2020 to Oct 2025; Verdun Oil & Gas LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Nov 2025Murphy Expl. & Prod. Co. - USAJan 2020 to Oct 2025Verdun Oil & Gas LLCNov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on FRANKLIN UNIT
API numberWell no.Status
42-311-351571HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers50Nov 1, 2025–
Valero Marketing and Supply Co.OilGathers50Nov 1, 2025–
Energy Transfer CompanyCasinghead gasBuys100Aug 4, 2019–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015–
Bp Products North America Inc.OilGathers25Jan 1, 2023Nov 1, 2025
Eastex Crude Company, LLCOilGathers25Jan 1, 2023Nov 1, 2025
Phillips 66 CompanyOilGathers25Jan 1, 2023Nov 1, 2025
Valero Marketing and Supply Co.OilGathers25Jan 1, 2023Nov 1, 2025
Bp Products North America Inc.OilGathers11Aug 4, 2019Jan 1, 2023
Eastex Crude CompanyOilGathers11Aug 4, 2019Jan 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

320 acres on the newest permit

Permits for Franklin Unit
API numberWell no.Acreson the permit
42-311-351571H320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for FRANKLIN UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Verdun Oil90131000$80.46$2.89
Jun 2026Verdun Oil6744000$84.81$3.15
May 2026Verdun Oil10000$102.13$2.94
Apr 2026Verdun Oil731077617610$100.32$2.77
Mar 2026Verdun Oil54871011010$91.38$3.04
Feb 2026Verdun Oil10880$64.51$3.62
Jan 2026Verdun Oil42983153150$60.04$7.72
Dec 2025Verdun Oil160440$57.97$4.26
Nov 2025Verdun Oil84180000$60.06$3.79
Oct 2025Murphy Expl.0063630$60.89$3.19
Sep 2025Murphy Expl.38345655946594$63.96$2.97
Aug 2025Murphy Expl.3602214294290$64.86$2.91
Jul 2025Murphy Expl.225176351241110$68.39$3.20
Jun 2025Murphy Expl.222392472281191$68.17$3.02
May 2025Murphy Expl.325327867744123$62.17$3.12
Apr 2025Murphy Expl.2634374164160$63.54$3.42
Mar 2025Murphy Expl.1038769163457$68.24$4.12
Feb 2025Murphy Expl.334765275261$71.53$4.19
Jan 2025Murphy Expl.4232961,0271,0261$75.74$4.13
Dec 2024Murphy Expl.2834329899890$70.12$3.01
Nov 2024Murphy Expl.3863351,3371,25087$69.95$2.12
Oct 2024Murphy Expl.42265676494182$71.99$2.20
Sep 2024Murphy Expl.1101777987917$70.24$2.28
Aug 2024Murphy Expl.31814482676759$76.68$1.99
Jul 2024Murphy Expl.35627073366766$81.80$2.07
Jun 2024Murphy Expl.33726275772631$79.77$2.54
May 2024Murphy Expl.131242759588171$80.02$2.12
Apr 2024Murphy Expl.25497641339302$85.35$1.60
Mar 2024Murphy Expl.12821592089228$81.28$1.49
Feb 2024Murphy Expl.25925572971910$77.25$1.72
Jan 2024Murphy Expl.20527483875979$74.15$3.18
Dec 2023Murphy Expl.25426981879523$71.90$2.52
Nov 2023Murphy Expl.25721180675947$77.69$2.71
Oct 2023Murphy Expl.46425994291032$85.64$2.98
Sep 2023Murphy Expl.4716318414638$89.43$2.64
Aug 2023Murphy Expl.18717834429945$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorVerdun Oil & Gas LLCFieldEagleville (Eagle Ford-1)CountyMcMullen County

Verdun Oil & Gas LLC in McMullen County

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